A charitable remainder trust distributes the income from trust assets to individual beneficiaries over a period of time, at which time the assets go to the remainderman, which must be a charitable organization.

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This is the definition of a charitable remainder trust. The income from trust assets is distributed to individual beneficiaries for a certain period of time, and then the remaining assets go to the designated charitable organization as the remainderman.

A Charitable Remainder Trust Distributes the Income from Trust Assets